Mark Mead Baillie
Market Analyst & Author
Mark Mead Baillie has had an extensive business career beginning in banking and financial services for two years with Banque Nationale de Paris to corporate research for three years at Barclays Bank and then for six years as an analyst and corporate lender with Société Générale.
For the last 22 years he has expanded his financial expertise by creating his own financial services company, de Meadville International, which comprehensively follows his BEGOS complex of markets (Bond/Euro/Gold/Oil/S&P) and the trading of the futures therein. He is recognized within the financial community of demonstrating creative technical skills that surpass industry standards toward making highly informed market assessments and his work is featured in Merrill Lynch Wealth Management client presentations. He has adapted such skills into becoming the popular author each week of the prolific “The Gold Update” and is known in the financial website community as “mmb” and “deMeadville”.
Mr. Baillie holds a BS in Business from the University of Southern California and an MBA in Finance from Golden Gate University.
Mark Mead Baillie Articles
As on occasion we do, let's start with stocks, in opening with one of our infamous pop quizzes: Ready?
We begin with this penned from two missives ago: "...two robust up weeks from here could end the Short trend with the 2000s then in the offing..." And that's exactly what Gold did unfold, price ascending from as low as 1813 two weeks ago...
Let's begin with this apologetic correction: we've oft-quipped that Federal Reserve Chair(man) Powell shall come to the aid of former FedChair now U.S. Secretary of the Treasury Janet "Old Yeller" Yellen upon her depository's default....
On the heels of last week's piece pointing to Gold (then 1818) as a "bargain", Gold-Getters have since come to the fore in pushing price to as high as 1864 towards settling yesterday (Friday) at 1863. That doesn't mean Gold has concluded...
With but two trading days remaining to complete this year's second month -- a year which finds Gold repeatedly being hyped to the heavens -- price is actually now -0.7% for 2023 in settling out this past week yesterday (Friday) at 1818,...
Yes, Gold's key weekly parabolic trend as anticipated has flipped to Short, but with underlying support for a safe haven port. We'll get to that, but we're really compelled to begin with this:
Wave the Gold Flag as vigorously as we might, that ol' phrase "the market is never wrong" remains Gold's plight, (arguably with scheming manipulators a-sleight). And with Gold now in stall, price looks further to fall, (which if you've...
As we on occasion do, let's start with stocks, their prices having gone gaga. And with respect to the S&P 500, the following may be deemed obscene; thus parental discretion is advised as we go to a favoured graphic, courtesy of the "...
"Immovable" indeed is our Gold: having closed one week ago at (precisely) 1927.7, price settled yesterday (Friday) at 1927.6 ... the 10¢ loss of benefit only to the dastardly Short whose wealth (at $100/point/contract) thus increased by...
We start with this past week's highlight (or better stated "lowlight"): on Wednesday, our Economic Barometer tied for its worst one-day plunge in the 25 years we've been maintaining it. Here 'tis, and as we wrote that day to our Investors...
